Just because the new Galaxy Note 3 is big doesn’t mean Samsung didn’t make use of the space in there. The Note 3 is really packed to the rafters with high-end hardware. After taking apart the new Samsung device and identifying all the parts, it looks like Samsung spends somewhere in the neighborhood of $240 for all the components.

The bill of materials, as assembled by Tech Insights, lists the screen as the most expensive component by far at about $61. That’s not shocking for a 5.7-inch Super AMOLED at 1920×1080, but it’s still an expensive item at over 25% the total cost of the smartphone. That said, just a few years ago such a panel was beyond your manufacturing technology so seeing it in the wild today, at any price, is downright impressive.

Samsung used PenTile sub-pixels again, but the diamond-shaped red and blue sub-pixels hide some of the imperfections. It also incorporates the inductive stylus technology that makes the S Pen work. The undersized plastic stylus doesn’t seem to be one of the Note 3’s most expensive features, but it works well and doesn’t need to be in contact with the display to be recognized, which is always a cool trick.

Samsung also spent big on the processor, which is a quad-core Qualcomm Snaprdragon 800. Each unit cost the Korean electronics giant $49.50, as estimated by Tech Insights. Unlike last year’s Note, Samsung isn’t making the ARM chip for this one in-house. Samsung was able to cut down on the cost of the camera sensor in the Note 3, even though it’s essentially the same part as what was used in the Galaxy S4. Back in April the 13MP image sensor cost $20, but now Samsung is only spending about $15 for the part.

The total build cost of $232.50 is a touch higher than the Galaxy S4‘s $214, though not much higher than the more modestly specced Moto X’s $226. Despite the closeness in manufacturing cost, Samsung charges more for the Note 3 unlocked. The Galaxy Note 3 goes for over $800 online, for the LTE model, where a factory unlocked Galaxy S4 is currently going for a little over $600 at most retailers.